Generative Data Intelligence

Tag: tax revenue

Thailand Pauses its $15 Billion Digital Handout Plan Here’s Why

Thailand was all set to make a splash in the world of digital currency with its grand plan to distribute roughly $15 billion...

The explosive revelations of Caroline Ellison: Law Decoded

Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s former business associate and girlfriend, Caroline Ellison, sharing...

Challenges Of Cryptocurrency Regulation: Coinbase Challenges US Regulations – CryptoInfoNet

Coinbase, a prominent cryptocurrency exchange, has formally raised objections to the proposed tax regulations put forth by the Internal Revenue Service (IRS) for crypto...

U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation

A group of seven U.S. Senators, including prominent figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury Secretary Janet Yellen and IRS...

Senator Warren Grills US Gov’t Over 2-Year Delay On Crypto Tax Rules – CryptoInfoNet

Senator Elizabeth Warren is calling on the US government to reconsider its decision to impose a two-year delay on crypto tax regulations in the...

HMRC Gains Reinforcements: Tax Dodgers Beware

HMRC, the British customs and tax authority, has been quietly beefing up its compliance battalion in a bid to stem a sharp decline in tax...

EU Lawmakers Pass New Crypto Reporting Law with Overwhelming Support – CryptoCurrencyWire

European Parliament legislators overwhelmingly voted last week in favor of the eighth version of the Administrative Cooperation Directive (DAC8), which addresses the reporting of...

Ukraine Probes Local Crypto Exchanges for Tax Evasion

Ukraine’s Economic Security Bureau (ESB) is investigating local cryptocurrency exchanges. This action comes in response to the bureau’s discovery that unregulated exchanges operating...

EU Parliament Passes DAC8 Crypto Tax Reporting Rule – Forbes India – CryptoInfoNet

Image: ShutterstockThe European Parliament has overwhelmingly voted in favour of DAC8, a legislative measure introducing comprehensive tax reporting requirements for crypto transactions across the...

European Parliament passes DAC8 crypto tax reporting requirements by ten-to-one margin

The European Parliament has approved DAC8, a measure that introduces tax reporting requirements for crypto transactions across the European Union (EU).With a decisive vote...

Rising Interest Rates Could Actually Pump Bitcoin: Arthur Hayes – Decrypt

Bucking the conventional wisdom about Bitcoin’s relationship with interest rates, popular macro-analyst Arthur Hayes published a blog post arguing that such traditional economic logic...

Taxing Activities in the Metaverse – New Research Paper by Christine Kim

In a thought-provoking new research paper by legal scholar Christine Kim, the concept of taxing activities within the metaverse is explored. Kim argues that...

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